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Notices

Governor Kelly Celebrates 2023 Exporter of the Year: Tank Connection Governor Laura Kelly visited Tank Connection in Parsons today to officially honor the company for being named the 2023 Governor’s Exporter of the Year. Tank Connection, a global leader in dry bulk and liquid storage systems, exports to 64 countries across six continents. Governor Kelly Announces More than $8M to be Invested in Digital Opportunities Governor Laura Kelly announced today that Kansas is receiving $8.2 million to begin implementing the Kansas Digital Equity (DE) Plan, which recently received federal approval. This announcement solidifies the state’s commitment to transform the landscape of high-speed internet connectivity and digital opportunity across Kansas. Nominations Open for 2024 Minority, Women Enterprise Development Awards Today Lieutenant Governor and Department of Commerce Secretary David Toland announced a call for nominations for the 2024 Minority Enterprise Development (MED) Week Awards. These annual awards are one way the agency acknowledges and observes the growing impact that minority- and women-led companies have on their communities and the Kansas economy. Governor Kelly Announces KMW to Invest $105M in Sterling, Create 251 New Jobs in Kansas Governor Laura Kelly today announced that KMW, a precision manufacturer of agricultural front loaders, backhoes, and other attachments, will invest $105 million to construct a new North American headquarters and state-of-the-art production facility in Sterling. The venture will create 251 new jobs, resulting in a local workforce of 485. View All

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KITE Proof of Concept

Minority Owned
Proof of Concept

$5,000-25,000

Minority Owned POC funding is available for projects to be undertaken by or on behalf of a Kansas-based, Minority owned entity for the purpose of evaluating and/or commercializing innovative technology targeted for development via entrepreneurial enterprise in Kansas. Qualifying entities may not have received in excess of $750,000 in total capital from other sources.

This POC funding is designed to help develop a project/product to the point where the entity can raise significant amounts of external capital (e.g. angel or venture equity investment). Typically, these awards will be used for commercial assessment (e.g. market research, competitive analysis) and/or technology validation, such as advanced testing or prototype development.

If a funded project or the intellectual property to which it is directed results in commercial advancement satisfying specified conditions (e.g., partnering-based funding, equity financing, or sales/licensing revenues to a pre-determined level), recipients are required to repay the award according to agreed terms. If, however, such conditions are not successfully met, POC Convertible funding does not require repayment.

To be eligible, the project must:

  • Have clear technical or commercial objective with innovative technology
  • Be undertaken by a Kansas-based, for-profit entity that has not raised in excess of $750,000 total capital from other sources

POC Funds cannot be used for:

  • Normal salary costs of applicants or principal investigators (or related persons or entities)
  • Fixed overhead costs
  • Previously incurred costs
  • Costs for securing intellectual property rights (e.g. patent costs)
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